Cape Verde: Cape Verdean group plans to open retail bank in S. Vicente

16 June 2008

Mindelo, Cape Verde, 16 June – The Gabinete de Desenvolvimento e Projectos (GDP) group has put in a request to the Bank of Cape Verde to open up a retail bank, the company’s chairman, Gualberto do Rosário told news agency Inforpress Thursday in Mindelo.

The chairman of the group, whose headquarters were recently transferred from Sal island to the island of S. Vicente, said that this was one of “many initiatives” by the holding company for the financial sector.

And he noted that, together with other unnamed partners, the company had several projects in mind for the financial sector and that the group would soon hold a general meting to assess their progress.

GDP-SGPS is an internationalised business group with projects in different areas such as catering, tourism, tourist real estate and aviation, in Cape Verde, Portugal and in Brazil.

In terms of its businesses in Cape Verde, tourism, tourist real estate and the financial sector are the main focus and the group has projects for Praia das Chaves, on Boa Vista island, another hotel and real estate project for Sal island, in an investment of US$25 million, as well as the Mindelo Golfe Resort for the island of S. Vicente.

The latter project in partnerships, according to Rosário, is a tourist resort that will cover an area of 96 hectares and will include a golf course recognised by the Professional Golf Association (PGA). (macauhub)